ArmInfo.Owners of flooded cars will be able to receive compensation for damage caused to  vehicles by the flood on May 25-26 in Lori and Tavush regions. The corresponding resolution was approved at the meeting of the Cabinet of Ministers of the Republic of Armenia on September 19.

ArmInfo. The IT sector is one of the "bright spots" of the Armenian economy and it is very gratifying that it is gradually moving from an outsourcing business model to developing its own products, attracting the attention of venture investors, Director of the Modex consulting company Haykaz Fanyan qrote on his social media account.

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ArmInfo. In the insurance market of Armenia, the loss ratio for compulsory motor third-party  liability insurance increased to 79.1% by September 1, 2024 from 65% last year. This is evidenced by the data of the Bureau of Motor Insurers of Armenia.

ArmInfo.The Google delegation arrived in Armenia for the first time on a working visit.  The first meeting was held at the Ministry of High-Tech Industry with the head of the department Mkhitar Hayrapetyan.

ArmInfo. Armenian Prime Minister Nikol Pashinyan does not rule out the possibility of importing or transiting gas from Azerbaijan.  

ArmInfo.Armenian authorities have made a strategic decision regarding the construction of a new  nuclear power plant, which will be a modular plant. Prime Minister Nikol Pashinyan announced this on September 18 at the Global Armenian Summit in Yerevan.

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ArmInfo.Prime Minister Nikol Pashinyan held consultations on the draft state budget for 2025.  As  reported by the press service of the Prime Minister, RA Finance Minister Vahe Hovhannisyan presented the current economic and fiscal changes as well as the macroeconomic framework of the budget that  served as the foundation for the draft state budget.

ArmInfo."Old Yerevan" is the name of the new branch of the innovative IDBank, located in the historic center of the city on Pavstos Buzand Street, designed in an exclusive format.

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ArmInfo.JSC (Electric Power Division of the State Corporation ) and JSC (JSC , a part of the State Corporation ) have initiated an inspection of the radioactive waste (RAW) storage facility at the Armenian NPP. This assessment is being conducted to determine the feasibility of secure and reliable storage of RAW at the Armenian NPP site as part of the extension of its service life until 2036.

ArmInfo. Currently, the Ministry of Economy's agenda includes infrastructure reforms to  implement the policy developed by the department. This was stated by Deputy Minister of Economy of Armenia Sevak Mikaelyan during a roundtable discussion on "Technology Transfer in Armenia". 

ArmInfo.The Social Impact Award (SIA) ceremony will take place on October 4th of this year at Impact Hub Yerevan. For the second year in a row, AraratBank provides the prize fund, emphasizing its commitment to businesses that value social impact apart from profit.

ArmInfo. From October 4 to 7, Yerevan will host the World Congress on Information Technology  (WCIT-2024), bringing together leading technology companies and specialists. The event will take place at the Karen Demirchyan Sports and Concert Complex, and the DigiTec exhibition will be held at the  Meridian Exhibition Center. The main technology partner for the event is Team Telecom Armenia.

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ArmInfo.On September 3, ArmSwissBank was honored with “Leading Partner Bank in Armenia” award at the 10th annual Trade and Supply Chain Finance Program (TSCFP) Awards, hosted by the Asian Development Bank in Singapore.

ArmInfo. Armenian startups will present their potential as part of the largest technology exhibition in Armenia, DigiTec. As stated in the message of the organizers of the exhibition, from October 4 to 6, a special platform, Startup Alley, will be created for startups within DigiTec, where the latter will have the opportunity to present their  developments to more than 100 investors.

ArmInfo.Until the end of 2024, it will be possible to import another 876 electric vehicles to  Armenia at zero customs duty, the Revenue Committee (RRC) of the Republic of Armenia reports. 

ArmInfo. Minister for Europe and Foreign Affairs of France, Stephane Sejourne, and Minister of Foreign Affairs of Armenia, Ararat Mirzoyan, visited the Vedi reservoir, which is being built with the loan funds of the French Development Agency and the co-financing of the Government of the Republic of Armenia.